$2,000,000
$200K PRICE DROP

Estimated payment $11,784/month

Total Views 28,117
-- Bed
-- Bath
22,400 Sq Ft
$89 Price per Sq Ft

Highlights

  • 0.73 Acre Lot
  • Cooling Available
  • Hot Water Heating System
  • Corner Lot

About This Home

A rare find! A multi-level, high unit count multifamily property in mid-town Billings. 1, 2, and 3 bedroom units. Built in 1969, this 30-unit building has a design that is extremely unique. It is an enticing prospect for investors seeking value appreciation and rental income growth, and a substantial opportunity for income generation.

Listing Agent

David Goodridge

Good Ridge Real Estate Brokerage Phone: 406-591-1605 Listed on: 06/02/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,658

Year Built

  • Built in 1969

Parking

  • 30 Parking Spaces

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 22,400 Sq Ft Home
  • 3-Story Property

Schools

  • Miles Avenue Elementary School
  • Will James Middle School
  • West High School

Utilities

  • Cooling Available
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number A20207

Community Details

Overview

  • Sweet Acres Subdivision

Building Details

  • Insurance Expense $20,407
  • Gross Income $293,800
  • Net Operating Income $94,000

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,658

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential
  • Year Built: 1969
  • Attribution Contact: 406-591-1605
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.7303
  • MLS Status: Active
  • Subdivision Name: Sweet Acres
  • Above Grade Finished Sq Ft: 22400.0
  • Architectural Style: Multi-Level
  • Unit Levels: Three Or More
  • ResoPropertyCondition: Resale
  • Property Sub Type Additional: Apartment,Multi Family
  • Special Features: VirtualTour

Interior Features

  • Stories: 3

Exterior Features

  • Roof: Asphalt, Shingle
  • Disclosures: Disclosure on File
  • Construction Type: Stucco

Garage/Parking

  • Total Parking Spaces: 30.0

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Gas, Hot Water
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Miles Avenue
  • High School: West
  • Middle Or Junior School: Will James

Lot Info

  • Parcel #: A20207
  • Lot Size Sq Ft: 31812.0
  • Zoning Description: Corridor Mixed-Use 1

Multi Family

  • Annual Gross Income: 293800.0
  • Insurance Expense: 20407.0
  • Net Operating Income: 94000.0

Tax Info

  • Tax Annual Amount: 15658.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 Price Changed $2,000,000 -9.1% $89 / Sq Ft
06/02/2025 06/02/25 For Sale $2,200,000 -- $98 / Sq Ft
Source: Billings Multiple Listing Service

Source: Billings Multiple Listing Service

MLS Number: 353803

Billings Multiple Listing Service